Tuesday, February 17, 2015

Entry - 10 My Budget

savings.jpg
Savings

Link to spreadsheet: https://docs.google.com/spreadsheets/d/1uPl6-j8oz8UTeybUr81FODrDU9qaXdWjKNd4Bf0GplU/edit#gid=0

My annual taxes on my budget is $9,925 because I was single and I had no children. My annual taxes became $20,272 when I was married with two children. Even with the deductions I get to make my taxes still went up. My taxes went up because when I got married my income went up, we did not add money to a 401(K), and we are also still living in an apartment so we couldn’t use a mortgage as a deduction.

tax_time.jpg
Taxes


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